Thomas J Sargent, John Stachurski

Dynamic Programming

• Gebundenes Buch

Produktbeschreibung

"Dynamic programming is used in almost every subfield of economics and operations research. This book studies dynamic programming and its applications in economics, finance, and adjacent fields. It brings together recent innovations in the theory of dynamic programming and provides applications and code for readers approaching the research frontier"--

Produktdetails

• Verlag: Cambridge University Press
• Seitenzahl: 384
• Erscheinungstermin: 23. Juni 2025
• Englisch
• Abmessung: 250mm x 175mm x 25mm
• Gewicht: 840g
• ISBN-13: 9781009540797
• ISBN-10: 1009540793
• Artikelnr.: 74292365

Autorenporträt

Thomas J. Sargent is a Nobel prize winning economist and Professor of Economics at NYU. He has held positions at Stanford, Minnesota, Chicago, and Princeton, and served as President of the Econometric Society and of the American Economic Association. He is renowned for his influential research on macroeconomics, rational expectations, and policy analysis.

Inhaltsangabe

1. Introduction
2. Operators and Fixed Points
3. Markov Dynamics
4. Optimal Stopping
5. Markov Decision Processes
6. Stochastic Discounting
7. Nonlinear Valuation
8. Recursive Decision Processes
9. Abstract Dynamic Programming
10
Continuous Time.